Replies to post #113 on Penn Traffic Co. (fka PTFCQ)

[faust357]

DOUBLE the number of stores,but revenues could go up a whole 17.7%...hope they aren't dragging the PTFC managers/top brass along as some sweetheart deal... sounds like those guys couldn't sell iced tea in Hell...

[creede]

Thanks for the article. Anyone know the current revenue of Tops?

[creede]

Ok, judging by this statement, TOPS would already have to have close to 1B in revenue.

Right?


The Penn Traffic deal will virtually double the number of stores Tops has in its chain and could see its annual revenues increase by more than 17.6 percent. Tops currently owns 71 stores and has five franchised outlets.

The deal could also see Tops add at least 50 new jobs at its Amherst headquarters.